Fintech in Depth - Not offered in AY 2022-23

Course Level: 
Bachelor's
Campus: 
Vienna
Course Open to: 
Students on-site
Term: 
Winter
US Credits: 
2
ECTS Credits: 
4
Course Description: 

This course provides a nontechnical, in-depth treatment of recent fintech developments for those aiming to work in finance. We will focus on three widely discussed fintech topics: blockchain and cryptocurrencies; crowdfunding and P2P lending; and high frequency trading. Specifically, we will learn what those technologies are, stylized facts on how they are used in practice, and the pros and the cons of applying those technologies to financial markets. Our discussions will be grounded in recent empirical findings and theories from economic literature and will focus on the main regulatory problems that arise due to the technologies. Students may be asked to complete readings prior to class and will be expected to participate in class discussions.

Learning Outcomes: 

In completing this course, a student will be able to…

  • Define “blockchain” and describe how the technology might be applied to financial markets
  • Provide potential explanations for the stylized facts on crowdfunding and P2P lending
  • Discuss the pros and the cons of each fintech compared to preexisting alternatives
  • Explain the main regulatory problems associated with each fintech
  • State the main empirical findings on high frequency trading, crowdfunding and P2P lending
Assessment: 

 

Exam (online, at home)

20%

Research assignment

15%

Referee report

5%

Team research report

5%

Team presentation

15%

Presentation reviews

10%

Team final report

20%

Class participation

10%